Quizzes & Puzzles11 mins ago
State Pension Payments
68 Answers
My pension is paid to me weekly on a Monday. I have read that the day when it is paid is based on the last 4 numbers of a person's N.I. number
If that is the case I should be paid on a Tuesday!!??
Also--why are some people paid monthly? (in arrears)
If that is the case I should be paid on a Tuesday!!??
Also--why are some people paid monthly? (in arrears)
Answers
Best Answer
No best answer has yet been selected by kenny1234. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.The weekly, four-weekly and thirteen-weekly options were introduced in April 2010.
It's been years since I was involved with State Pensions but when I started, pensions were normally paid weekly by order book or four-weekly into an account.
Some folk chose to have it go in every thirteen weeks but those who were entitled only to an amount below a specified amount, had to be paid annually.
I'm not sure why you were given the option to be paid weekly as the default would normally have been a four-weekly payment.
In theory, the Secretary of State (in the form of the person processing the claim) can allocate any pay day and period but in practice that doesn't happen.
I assume there must be criteria for agreeing to pay weekly rather than four-weekly, based on cost implications but I don't know what they are.
It's been years since I was involved with State Pensions but when I started, pensions were normally paid weekly by order book or four-weekly into an account.
Some folk chose to have it go in every thirteen weeks but those who were entitled only to an amount below a specified amount, had to be paid annually.
I'm not sure why you were given the option to be paid weekly as the default would normally have been a four-weekly payment.
In theory, the Secretary of State (in the form of the person processing the claim) can allocate any pay day and period but in practice that doesn't happen.
I assume there must be criteria for agreeing to pay weekly rather than four-weekly, based on cost implications but I don't know what they are.
looks as though women entitled to married women's pensions should check they've been getting it
https:/ /www.bb c.co.uk /news/b usiness -566546 65
https:/